The Pound was treading water against the Dollar Friday after managing to cling to much of its recent gain during the overnight session but investors are best served by steering well clear of the British currency for the time being, according to three influential investment banks. 

March 15,2019

The Pound-to-Dollar exchange rate has risen by close to five percent this year already but Sterling still has further to run, according to strategists at Morgan Stanley, who have told clients they should bet on a further 3% increase during the coming weeks. 

March 14,2019

Despite the recent setbacks in the Pound, the market has been constructive overall with the potential for continuation higher to 1.3350 and 1.3600.

March 13,2019

The Dollar softened even further on Wednesday after core-durable goods orders data surprised on the downside for the month of January and as unease over the UK's departure from the European Union ebbed further from previously elevated levels.

March 13,2019

The greenback capitulated at range highs before slipping lower on Tuesday after inflation data surprised on the downside for the month of February, vindicating investors for having bet earlier this year that an end to the Federal Reserve (Fed) interest rate hiking cycle is nigh. 

March 12,2019

The Dollar extended losses Monday after a retail sales figures for the month of February appeared to confirm the economy has shifted down a gear in recent months, strengthening some economists' convictions that the Federal Reserve (Fed) interest rate hiking cycle is now over.

March 11,2019